Buy custom Unethical Credit Card Practices
Essay's paper info
Topic: |
Business
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Number of pages / Number of words: |
12 / 3090 |
Essay's paper body
In essence it will cost you $5700 to borrow $5000. All of the rules favor credit cards currently favor the credit card companies. About one-third of cardholders pay interest rates in excess of 20%, according to a report from New York-based think tank Demos. Also, borrowers with one slip-up can incur a "cascade" of penalties and end up in a "trap" of high-cost debt, the report said...
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Predatory rings a bell doesnât it? These companies are pushing people to the limit and are quite possible for responsible for some of their own issues. Why isnât more being done to curtail the practices of the credit industry?
The answer is the lobbyists have significant power with congress. âThe credit card industry has several associations that back its play; they may have coalitions...
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General points of the essay
Citibank: Launching the Credit Card
Credit Card Debt in America
Credit Card Ethics
Credit Card and it's effect.
The commoditization in the credit card industry
Unethical Credit Card Practices
Credit Card
Alice In Credit Card Land
Credit Card Debt
Credit Card Epidemic
Getting Out and Staying Out of Credit Card Debt
Who Can Stop Credit Card Abuse
Credit Card Addiction
credit card secrets
Electronic Credit Card Payment Technology
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